, 1887-04-30

~ VAS 00 AK
sinking fund, but quoted the former utter
afces of Mr.. Goschen respecting the pay
ment of the debt, and advised that ec0no.
mics be made in expenditure on / the
military.
Mr.. Cos chen, while acknowledging the
character of the critics, defended the
Budget, but promised to consider the
objections which had been raised respect
ing the proposal to create new securities
for the aid of local loans. With regard to
their remarks about the reduction of the
tobacco duties, he maintained that it
would benefit the consumers witE'increas.
ing years, while the reduction in the
income tax would help the class peculiarly
hurt. He added that he retained his
former views respecting the payment of
tue dept, but 1t was real economy at the
present time to maintain the military and
naval establishments. =
The Glasgow Chamber of Commerce has
adopted a resolution proposing the revision
OF EnglandS fiscal relations consequent on
the granting of foreign bOunties.
The Manchester Chamber of Commerce.
has passed a resolution declaring that free
trade is the best policy.
New York, April 27th.-Tn the House of
Commons yesterday, the Crimes Bill was
very languidiy discussed. Already n0ticy
has been given Of IS Parnellite amend.
mentS, 90 GladstOnians, 80 Conservatives.
and s Uniouists, and it is probable there
will be 100 more before Thursday.
Earl Spencer, speaking at a meeting in
South London, repeated his defence of the
Parlelllfes against the charges of their
connection with crime, and declared that
there WOuld be no peace in Ireland until
she De treated III the same way az Canada
anu Australia. A letter. was read frOnG
MIR. Gladstone, i'll which he wrote that the
peace of Ireland would he all honor tO
England, who is now concerned in an uI-
exampled Coercion Bill.
1t is stated that Russia has fOrbidde9
the presentation of a sword to General
~Boulanger as likely to create ah erroneous.
Impression respecting her foreign policy,
Ibe negotiations with regard TO th0
Schhaebele incident are progressing. No.
thing serious is expected, although tlse
BourseS are still fat. 1t is thUngRtt tIfst
France will probably ask Belgium So arbi-
trate. -
The Canadian Parliament hrs passed n
resolution in favour Of Home lSule for
Ireland by a vote of l35 against At. The
Premier, Sir John Macdonald, and the Oabi-
net opposed the resolution.
London, April 27th.-Sugar in stock or
tho 23rd inst. was I'll 900 tons. last
year 3O8,O0O tons.
New York, April 28th.-The race for the
Two Thousand Guineas Stakes WAS. run
at Newmarket yesterday, and was won by
Mr.. Douglas Baird's Enterprise, Mr..
Fenwick's Phil, and Afr. q. Perkins Egla.
more being second and third respective
~.
Mr.. Gladstone, in the course of a speech
at a labour banquet, revealed that afrer
the Phoenix Park murders, Mr.. Parnell
wrote him expressing his horror at tn,
crime, aud his desire to retire from the
leadership Of the Irish party ii it might bs
beneficial to Ireland. Nj. Gladstone
added that as to prosecuting the "Ti,neS'
for libel, he rec lIled the advice Received
by himself from eminent COUNSEL after his
return from the IOnian Islands, that it was
useless TO hope for u verdict against tlls
stTimes".
It is stated that Germany. alth ongh
claiming TO possess ample evidence against
NJ. SchnaebeleS, will probably release
him.
A Madrid despatch states Tint Senior
Sagasta, the President of the Council, has
given notice in the COrtaS that he will pro-
pose the abolition of the West Indian ex.
port duties, and the Spanish import duties
on Cuban sugar and alcohol. aud their as
similation to the Cuban Imperial tariff.
He will also propose 10 sabsidizc the
GnauiSL Wnmt Indian raj So